• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

WYZth Secures $950,000 for Web3 Development

user avatar

by Giorgi Kostiuk

a year ago

WYZth platform announced securing $950,000 from Victus Capital to develop its blockchain ecosystem. The funds will be used to improve infrastructure and support Web3 growth.

New Funding and Its Purpose

WYZth secured $950,000 through over-the-counter funding from Victus Capital. These funds will be utilized to expand the WYZth blockchain, enhance developer tools, and grow the team to accelerate Web3 adoption.

Growth of WYZth Ecosystem

The blockchain industry is rapidly evolving, and WYZth's focus on creating a developer-friendly environment positions it as a key player in the Web3 space. It has achieved over 80 million transactions and 65.6 million wallet addresses, showcasing the trust and growth of its ecosystem. Additionally, integration with Rabby Wallet facilitates easier access to the gasless blockchain ecosystem.

The funding comes at a time when interoperability and scalability are the most talked about topics in the crypto space. WYZth aims to lower barriers for developers and businesses entering the Web3 ecosystem.

Backing by Victus Capital

Victus Capital, known for supporting high-growth ventures, highlights its trust in the blockchain space despite challenges in other industries. Founded in 2021, WYZth aims to simplify blockchain adoption for the next generation of decentralized applications.

Victus Capital's investment underscores WYZth's significance in supporting Web3 and innovations in decentralized technologies.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Faces Significant Correction Amid Market Panic

chest

XRP has plunged 69% from its recent high, causing widespread panic in the market, but analysts suggest this could be a setup for a major turnaround.

user avatarMaya Lundqvist

Conflicting Signals in Bitcoin Market: No Real Rally in Sight

chest

Recent analysis by data analyst CW indicates that key on-chain signals for Bitcoin show no genuine rally has begun, despite short-lived increases driven by speculation.

user avatarLeo van der Veen

XRP Price Approaches Potential Bottom Amid Major Capitulation Event

chest

XRP has recorded its largest realized loss spike since 2022, indicating a potential price bottom and recovery.

user avatarLi Weicheng

Bitcoin Miner Sells 1,300 BTC After 15 Years of Holding

chest

A notable Bitcoin miner sold 1,300 BTC, valued at approximately 750 million, after holding for 15 years, potentially signaling a profit-taking move.

user avatarAisha Farooq

Corporate Treasuries Mark First-Ever Selling Streak in Bitcoin

chest

Corporate treasuries have recorded their first-ever selling streak in Bitcoin, with three consecutive weeks of sales, indicating a shift to bearish market conditions.

user avatarTenzin Dorje

Michael Saylor's Firm Approaches Major Bitcoin Milestone

chest

Michael Saylor's firm is nearing its 100th Bitcoin purchase, continuing a strategy that has been in place since 2020.

user avatarBayarjavkhlan Ganbaatar

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.